Texas · Nonprofit · under $2M in federal spending
CLIFF VIEW VILLAGE III INC
Addison, TX
The FY2025 single audit reports no findings. Audits on file for FY2023–FY2025: FY2023, FY2024, FY2025.
Score: 0 of 100 (FY2025 audit)
The sum of eight parts, each read from the audit. How the score works.
| Part | Rule | Points | Max |
|---|
| Material weaknesses | 8 points each | 0 | 24 |
| Significant deficiencies | 3 points each | 0 | 9 |
| Repeat findings | 5 points each | 0 | 15 |
| Longest repeat chain | 2 years 3, 3 years 6, 4 years 9, 5+ years 12 | 0 | 12 |
| Modified major-program opinions | qualified 8 each; any adverse or disclaimer 15 | 0 | 15 |
| Questioned costs | known amount of $25,000 or more, by share and dollars | 0 | 15 |
| Going concern | auditor included a going-concern paragraph | 0 | 5 |
| Prior-year lateness | prior-year audit late or not filed, scored only with a finding | 0 | 5 |
| Score | | 0 | 100 |
Federal funding, FY2025
$1,854,676 in federal awards spent, across 1 program. Largest funding agencies:
| Agency | Spent |
|---|
| Department of Housing and Urban Development | $1,854,676 |
FY2025 audit
- FAC record
- 2025-12-GSAFAC-0000419867
- Fiscal year end
- December 31, 2025
- Accepted by FAC
- August 18, 2026
- Federal spending
- $1,854,676 · 1 program
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2024 audit
- FAC record
- 2024-12-GSAFAC-0000372659
- Fiscal year end
- December 31, 2024
- Accepted by FAC
- September 23, 2025
- Federal spending
- $1,852,038 · 1 program
- Major programs
- 1
- Score
- 0 of 100
No findings reported.
FY2023 audit
- FAC record
- 2023-12-GSAFAC-0000043923
- Fiscal year end
- December 31, 2023
- Accepted by FAC
- August 20, 2024
- Federal spending
- $1,843,705 · 1 program
- Major programs
- 1
- Questioned costs
- $770 known
- Score
- 8 of 100
Finding 2023-001
repeat findingquestioned costsother findings
- Program
- SUPPORTIVE HOUSING FOR THE ELDERLY (14.157)
- Compliance requirement
- Special tests and provisions
- Repeat
- Chain of 2 audit years; prior finding 2022-001
- Questioned costs
- $770 (known)
- FAC record
- FY2023 audit on fac.gov
Finding text from the filing
Finding #2023-001: Section 202 Capital Advance, Assistance Listing 14.157
Condition: The Company made additional deposits into the replacement reserve
account that exceeded the required monthly deposit requirements.
Criteria: The HUD regulatory agreement requires the Company to 12 monthly
deposits into the replacement reserve account.
Effect: Replacement reserve account is overfunded and is in violation of its
Regulatory Agreement. Funds may not be available for operating costs.
Questioned Cost: $770
Repeat Finding: Yes
Cause: Oversight
Recommendation: We recommend the Company deposit the required monthly deposits into
the replacement reserve account and follow the terms of the regulatory
agreement.
Auditor’s Comment:
Management will closely monitor the monthly deposits into the
replacement reserve.